Glossary
for Industrial and Consumer Goods

Bar Code GTIN bar code of a commodity containing encrypted information about some significant features of a product.

Commodities in Transit commodities owned (controlled or managed) by an exchange trade participant seller or its client at the moment of filing the bid for sale, but located on board of the transport vehicle without customs clearance.

Commodities to Appear in the Future commodities whose manufacturing was confirmed or delivery was guaranteed by the manufacturing or marketing organization (official trade representative). The possibility of its delivery on time to the address of exchange trade participant – seller or its client is guaranteed by commodity owner.

Customer exchange trade participant willing to buy commodities auctioned at the ICG section.

Exposure Time of a Bid to Buy period of time during which a customer cannot give a seller an offer, as well as accept or decline it via activities in the software complex «ICG Exchange Auctions».

Exposure Time of an Offer period of time during which customer (seller) cannot accept or decline an offer via activities in the software complex «ICG Exchange Auctions».

Ex-Customer's Warehouse delivery basis, according to which the seller's delivery obligations are fulfilled after the delivery of commodities to the customer's warehouse located in the Republic of Belarus. Discharge of commodities is the responsibility of a customer.

Ex-Seller's Warehouse delivery basis, according to which the seller's delivery obligations are fulfilled after the delivery of commodities to the customer at the seller's warehouse located in the Republic of Belarus. The seller is responsible for the loading of commodities.

Free Dispatch Station delivery basis, according to which the seller's delivery obligations are fulfilled after the delivery of commodities to the customer at the dispatch railroad station located in the Republic of Belarus. Loading of commodities is the responsibility of a seller.

Free Receiving Station delivery basis, according to which the seller's delivery obligations are fulfilled after the delivery of commodities to the receiving railroad station located in the Republic of Belarus and indicated by a customer. Discharge of commodities is the responsibility of a customer.

GPC Global Product Classification, used as a basis for electronic catalogue of commodities of software complex «ICG Exchange Auctions».

Seller exchange trade participant willing to sell commodities at the ICG section.

Trading Session period from 0.00 till 24.00, when exchange trade participants conclude transactions.